Texas Capital Funds Etf Profile
| MMKT Etf | 100.19 0.03 0.03% |
Performance83 of 100
| Odds Of DistressLess than 9
|
Texas Capital is selling for under 100.19 as of the 30th of November 2024; that is 0.03 percent down since the beginning of the trading day. The etf's last reported lowest price was 100.16. Texas Capital has less than a 9 % chance of experiencing financial distress in the next few years and had a market crasher performance during the last 90 days. Equity ratings for Texas Capital Funds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Texas Capital is entity of United States. It is traded as Etf on NYSE exchange. More on Texas Capital Funds
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Texas Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Money Market-Taxable (View all Sectors) |
| Issuer | Texas Capital |
| Inception Date | 2024-09-24 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 42.58 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | Texas Capital Bank Private Wealth Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | Northern Lights Distributors, LLC |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 22.0 |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| 200 Day M A | 100.28 |
| Country Name | USA |
| 50 Day M A | 100.28 |
| Code | MMKT |
| Updated At | 29th of November 2024 |
| Name | Texas Capital Funds Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01PZSL7X8 |
| Type | ETF |
Texas Capital Funds [MMKT] is traded in USA and was established null. The fund is listed under Money Market-Taxable. The entity is thematically classified as Size And Style ETFs. Texas Capital Funds now have in assets.
Check Texas Capital Probability Of Bankruptcy
Texas Capital Funds Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Texas Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 7.0E-4 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.20) |
Texas Capital Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Texas Capital Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Texas Capital Funds is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Capital's market value can be influenced by many factors that don't directly affect Texas Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.